Suburb Profile Report for Runcorn QLD (4113)

Runcorn House: Median price $553,500, Annual capital growth 3.11%, Number of sales 116, Weekly median advertised rent $420

Runcorn Unit: Median price $342,000, Annual capital growth 0.60%, Number of sales 65, Weekly median advertised rent $395

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Runcorn, 4113 ranked 609th in QLD when comparing growth in median property values or capital gain over the last 12 months. Runcorn is one of 2415 in our list for QLD

If we look at median property appreciation over just the last three months, Runcorn has given property investors a paper return of -4.16%. This puts Suburb as 766 on a list of fastest fasting appreciating suburbs in QLD

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Runcorn, 4113. Typically our figures indicate that -6.89% is being offered, which puts this QLD suburb at 1495th most discounted overall in Australia.

In the last year 116 properties changed hands in Runcorn, which puts it as the 150th most active market in QLD when comparing the number of sales per suburb.

Property investors who have had real estate in Runcorn, 4113 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.59%

While Runcorn,4113 ranked number 129th in QLD for increase in median house value (annualised) increase, it is ranked 163th over the last 5 years.

Property investors looking for a bargain in Runcorn should be aiming for at least -4.82% off the asking price, which is the average vendor discount being achieved at the moment.

Metrics i HOUSE UNIT
$553,500 $342,000
-4.16% 0.00%
-2.89% 1.59%
3.11% 0.60%
$420 $395
116 65
3.95% 6.01%
58.5 72.88

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 14074
Median household income ($/weekly) 1341
Median age of persons 31
Median housing loan repayment ($/monthly) 1733
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1707 12.1
    20-24 years 1549 11.0
    25-34 years 2715 19.3
    35-44 years 2046 14.5
    45-54 years 1773 12.6
    Others 4284 30.4
    Age Group
    Census Count Percent(%)
    Registered Married 5219 48.2
    Not Married 4836 44.6
    Defacto Relationship 777 7.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 6394 47.2
    Croatia 1289 9.5
    Indonesia 667 4.9
    Papua New Guinea 561 4.1
    Other 1544 11.4
    Others 3091 22.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 1066 8.1
    Christianity 7113 54.3
    Islam 738 5.6
    Other Religious Groups 464 3.5
    No Religion 3318 25.3
    Others 393 3.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 388 9.1
    $1,000-$1,249 462 10.8
    $1,250-$1,499 408 9.5
    $1,500-$1,999 649 15.2
    $2,000-$2,499 490 11.4
    Others 1883 44.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4279 39.0
    Not in the labour force 3489 31.8
    Employed, worked part-time 2253 20.5
    Unemployed, looking for work 545 5.0
    Employed, away from work 418 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1591 22.9
    Technicians & trades workers 940 13.5
    Clerical & administrative workers 1112 16.0
    Sales 680 9.8
    Labourers 707 10.2
    Others 1913 27.6
    Occupation
    Census Count Percent(%)
    Infants/Primary 1109 27.6
    Secondary 812 20.2
    Technical or Further Educational Institution 482 12.0
    University or other Tertiary Institutions 1248 31.1
    Other type of educational institution 209 5.2
    Others 151 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10845 79.4
    Semi-detached, row or terrace house, townhouse 2791 20.4
    Flat, unit or apartment 16 0.1
    House or flat attached to a shop, office 5 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1709 37.1
    Rented 1698 36.9
    Fully owned 1188 25.8
    Other tenure type 11 0.2
    Tenure Type
Census 2011, ABS
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